Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew $1.3 billion from the Indian stock market in the week. However, buying of around $2.2 billion worth of equities by domestic institutional investors last week … Read more
“We will look for companies, at the end of it, it boils down to the company’s availability at the right price. So, you keep looking for your right price and right names and as and when they come, jump in and when we raise the new fund, we are still sitting on some bit of … Read more
I think equities will stabilise and will recover, but I am suspicious about the tech sector in the short term because it is just so expensive, says Geoff Dennis, EM Commentator. A lot of experts believe that the technology stocks were highly overvalued due to which we saw a massive sell off on Friday. How … Read more